Pensionfund Sabic adds Clorox Co (CLX) to its portfolio

Clorox Co (CLX) : Pensionfund Sabic added new position in Clorox Co during the most recent quarter end. The investment management firm now holds 12,000 shares of Clorox Co which is valued at $1.5 Million according to a report filed by the company on Apr 4, 2016 with the SEC.Clorox Co makes up approximately 0.47% of Pensionfund Sabic’s portfolio.

Other Hedge Funds, Including , Pensionfund Dsm Netherlands added CLX to its portfolio by purchasing 26,000 company shares during the most recent quarter which is valued at $3.3 Million. Clorox Co makes up approx 0.45% of Pensionfund Dsm Netherlands’s portfolio.

On the company’s financial health, Clorox Co reported $1.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $1.05. The company had revenue of $1345.00 million for the quarter, compared to analysts expectations of $1350.86 million. During the same quarter in the previous year, the company posted $0.97 EPS.

Investors should note that on Feb 9, 2016, Clorox Co announced a cash dividend of $0.7700. The company’s management has announced Apr 18, 2016 as the ex-dividend date and fixed the record date on Apr 20, 2016. The payable date has been fixed on May 6, 2016.

Many Wall Street Analysts have commented on Clorox Co. Clorox Co was Downgraded by Sterne Agee CRT to ” Neutral” on Feb 26, 2016. Company shares were Reiterated by B. Riley & Co. on Feb 9, 2016 to “Neutral”, Firm has raised the Price Target to $ 102 from a previous price target of $101 .

Clorox Co closed down -0.37 points or -0.29% at $128.16 with 7,46,710 shares getting traded on Monday. Post opening the session at $128.6, the shares hit an intraday low of $128 and an intraday high of $129.2099 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

The Clorox Company (Clorox) is a United States-based manufacturer and marketer of consumer and professional products. The Company sells its products through mass retail outlets e-commerce channels distributors and medical supply providers. The Company operates through strategic business units that are aggregated into four reportable segments: Cleaning which consists of laundry home care and professional products marketed and sold in the United States; Household which consists of charcoal cat litter and plastic bags wraps and container products; Lifestyle which includes food products water-filtration systems and filters and natural personal care products and International which consists of products sold outside the United States such as laundry home care water-filtration charcoal and cat litter products dressings and sauces plastic bags wraps and containers and natural personal care products.

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